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Learn more about Stand Up India scheme in details...
The Government of India initiated the Stand-Up India program on April 5, 2016, with the aim of promoting entrepreneurship among women and the Scheduled Castes (SC) and Scheduled Tribes (ST) communities.
The Stand Up India Scheme aims to provide loans ranging from Rs. 10 lakh to Rs. 1 Crore through Scheduled Commercial Banks to at least one borrower from the SC or ST categories, as well as one woman borrower, for the establishment of a green field enterprise in the manufacturing, services, or trading sectors.
Additionally, the scheme includes provisions for offering support to prospective borrowers. The Small Industries Development Bank of India and the National Bank for Agriculture and Rural Development serve as designated Stand-Up Connect Centers.
Benefits:
This initiative is designed to support the establishment of new enterprises in the manufacturing, services, or trading sectors, while also offering guidance and assistance to prospective borrowers.
Scheme Provider:
Ministry of Finance.
Eligible:
SC, ST and Women entrepreneurs, Founders.
Domain:
Funding, Mentoring and Networking.
Link for enrollment:
https://www.standupmitra.in/Login/Register#NoBack